The ECB has seen a series of hawkish comments from ECB board members over the last couple of weeks. It seems that Christine Lagarde now has the memo as on Monday this week she outlined that the ECB will be…
Always Coca-Cola? That’s the thinking! Many consumers should always have the ability to buy a can of coke – even in a recession. That’s why many investors see Coke as a recession buster! One thing that dip buyers might want…
The Canadian dollar has been benefitting from the surge higher in commodities, especially oil. Lack of investment in oil longer term, shrewd management during lockdowns of oil production levels from OPEC+, and supply shocks from Russia’s move into Ukraine has…
Microsoft shares have drifted lower since their last earnings report, despite beating on the headline print for both their EPS and revenue. If the slide in shares continues where will dip buyers step in? Around the $220 mark? One thing…
Walmart’s shares fell heavily on Tuesday this week after earnings showed that inflation is starting to impact Walmart’s operating costs. The company anticipate inflation impacting their 2023 EPS growth view. They revised it down to -1% from the previous projection…
When Elon Musk announced that the twitter deal was on ice share prices started to tumble back down towards key daily support at 32.00. Elon Musk’s concerns was over how many of Twitter’s accounts were so called ‘spam accounts’ However,…
Is this the right time now for USD/JPY falls? The pronounced weakness in the JPY has been getting more and more attention from the BoJ. On April 18 BoJ’s Kuroda said that the BoJ is keeping an eye on the…
When Netflix announced its earnings in April it sent shares plummeting lower. Netflix announced a drop in subscribers for the first time in a decade. Furthermore, they also reported that they were expecting a further fall of 2 million subscribers…
The USD has a period of seasonal weakness around the start of June. Over the last 10 years it has fallen 7 times between May 31 and June 10. The average fall has been -0.93% and the maximum fall has…
The USDJPY pair shows seasonal weakness between now and August with an average fall of -1.36%. The USD has found significant buying since the start of the year due to expectations that the Fed will rapidly hike interest rates in…
